Petronet LNG Q4 Profit Jumps to Rs 10.7 Bn
OIL & GAS

Petronet LNG Q4 Profit Jumps to Rs 10.7 Bn

Petronet LNG reported a 45 per cent year-on-year rise in standalone net profit for the fourth quarter of financial year 2024–25 (Q4 FY25), reaching Rs 10.7 billion, compared to Rs 7.37 billion in the same period last year.

Sequentially, profit rose by 23.4 per cent, driven largely by the reversal of an impairment charge amounting to Rs 2.34 billion during the quarter.

However, revenue from operations fell to Rs 123.15 billion, down from Rs 137.93 billion in Q4 FY24.

The company’s board has recommended a final dividend of Rs 3 per share.

In terms of operations, Petronet’s Dahej terminal processed 189 TBTU (Trillion British Thermal Units) of LNG in Q4, compared to 219 TBTU in the same period last year and 213 TBTU in the previous quarter. Total LNG volume handled stood at 205 TBTU, down from 234 TBTU in Q4 FY24 and 228 TBTU in Q3 FY25.

Managing Director Akshay Kumar Singh explained that the volume dip was due to elevated LNG prices, which saw a price gap of USD 3–4 per mmBtu compared to the previous quarter.

He added that rising power demand and softening LNG prices are expected to boost volumes in the current quarter (Q1 FY26).

Petronet LNG reported a 45 per cent year-on-year rise in standalone net profit for the fourth quarter of financial year 2024–25 (Q4 FY25), reaching Rs 10.7 billion, compared to Rs 7.37 billion in the same period last year.Sequentially, profit rose by 23.4 per cent, driven largely by the reversal of an impairment charge amounting to Rs 2.34 billion during the quarter.However, revenue from operations fell to Rs 123.15 billion, down from Rs 137.93 billion in Q4 FY24.The company’s board has recommended a final dividend of Rs 3 per share.In terms of operations, Petronet’s Dahej terminal processed 189 TBTU (Trillion British Thermal Units) of LNG in Q4, compared to 219 TBTU in the same period last year and 213 TBTU in the previous quarter. Total LNG volume handled stood at 205 TBTU, down from 234 TBTU in Q4 FY24 and 228 TBTU in Q3 FY25.Managing Director Akshay Kumar Singh explained that the volume dip was due to elevated LNG prices, which saw a price gap of USD 3–4 per mmBtu compared to the previous quarter.He added that rising power demand and softening LNG prices are expected to boost volumes in the current quarter (Q1 FY26).

Next Story
Infrastructure Urban

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

Next Story
Infrastructure Transport

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

Next Story
Infrastructure Urban

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App